Tata Global Beverages stock has doubled over the last year on the back of the company’s strategy to restructure its operations.
The company has outlined a strategy of exiting non-performing business, focusing on core brands (Tetley, Tata Tea, Eight O’clock, and Himalayan), premiumisation, and improving operational efficiencies. The company has already announced that it is exiting loss-making geographies of Russia and China and mulling its course of action in Poland, another underperforming market. The improvement in operational efficiencies is reflected in the ...
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First Published: Wed, December 06 2017. 23:48 IST
